How many kgs of wheat costing Rs.24/- per kg must be mixed with 30 kgs of wheat costing Rs.18.40/- per kg so that 15% profit can be obtained by selling the mixture at Rs.23/- per kg?
15
16
18
12
Explanation:
S.P. of 1 kg mixture = Rs.23. Gain = 15%.
C.P. of 1 kg mixture = Rs.[(100/115) x 23] = Rs.20
Let the quantity of wheat costing Rs.24 is x kgs.
Using weighted average rule = x $\times$ 24+30 $\times$ 18.4x+30=20
Solving we get x = 12
S.P. of 1 kg mixture = Rs.23. Gain = 15%.
C.P. of 1 kg mixture = Rs.[(100/115) x 23] = Rs.20
Let the quantity of wheat costing Rs.24 is x kgs.
Using weighted average rule = x $\times$ 24+30 $\times$ 18.4x+30=20
Solving we get x = 12